Philadelphia Warehouse/Industrial Space For
For Lease
Contact for pricing
1500-1514 North 5th Street, Philadelphia, PA 19122
35,428 SF building in Ole Kensington/Ludlow neighborhood.
Space Size35,428 SF
Days on Market286
Property Features for 1500-1514 North 5th Street
General Information
Standard status
Active
Size
35,428 SF
Property subtype
Redevelopment
Building Details
Building Size
35,428 SF
Year Built
1950
Spaces For Lease
at 1500-1514 North 5th Street Contact us- Size
- 35,428 SF
- Type
- Warehouse/Distribution
- Term
- Negotiable
- Rate
- Contact for pricing
1500-1514 N. 5th Street
Listed By:
Jeffrey Licht, SIOR
(215) 206-3730
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 19
Last Checked: Sep 2 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeffrey Licht, SIOR
Investment Insights
Based on property information with market context.
This 35,428 square foot building is situated on a 0.68 acre lot in the Ole Kensington/Ludlow neighborhoods of Philadelphia. The property, built in 1950, features 1.5 floors and is located on a corner lot along 5th Street. It is zoned ICMX (Industrial Commercial Mixed-Use). The building offers ceiling heights ranging from 13.75 to 15.5 feet clear, and 16 to 17.5 feet to the deck. Loading is facilitated by one interior tailgate, two drive-in doors, and an interior loading platform. The property is equipped with 400 amp, 3-phase, 4-wire 240/120 power and a dry sprinkler system. Located in a residential neighborhood with recent redevelopments, the property is directly across the street from Cruz Recreation center & park, which includes a pool, playground, baseball field, and basketball courts. The property is approximately 1.5 miles from I-95 and 2 miles from the Benjamin Franklin Bridge. The annual taxes are $12,052.
Key Highlights
- Large 35,428 SF building suitable for industrial or commercial mixed‑use.
- Desirable location in the Ole Kensington/Ludlow neighborhoods with ongoing redevelopment.
- Convenient access to major transportation routes.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,807
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$16.59 /SF/Yr
Avg Asking Price
$2.68–$135 /SF/Yr
Price Range
57,581 SF
Avg Space Size
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 35,428 SF building in Ole Kensington/Ludlow neighborhood.
Where is this warehouse located?
The property is located at 1500-1514 North 5th Street Philadelphia, PA.
What are key features of this property?
This property features: Large 35,428 SF building suitable for industrial or commercial mixed‑use.; Desirable location in the Ole Kensington/Ludlow neighborhoods with ongoing redevelopment.; Convenient access to major transportation routes.
